What major factors affect bitcoin price?

[BTR Community]

Bitcoin is the first most popular digital crypto-currency whose price is influenced by a wide range of factors. Ideally, the bitcoin price is normally expressed as the exchange rate of the bitcoin in relation to other currencies. With an upsurge in the adoption and usage of this digital currency, the demand for bitcoins has significantly increased in the recent past. Note that because of the decentralized nature of this currency, the bitcoin price is not normally controlled by any company, organization or government. This means that before you try to predict the rise or fall in the price of bitcoins, it is important to understand what causes the same. Below are some of the main factors that can influence the bitcoin price:

1. Government Regulation
2. Media Influence
3. Stability of the Bitcoin Network
4. The Bitcoin Demand and Supply
5. Wider Mainstream Acceptance
6. Large Businesses Dumping to Fiat Currency
7. Technological Changes and Innovations
8. Market Manipulation

The factors that influence the price of bitcoins are quite diverse. Some of them are slow but quite steady, such as the gradually rising supply and demand curve. Others are sentimental and violent, like the speculative trade, which influences the trading of bitcoins each day. In spite of the opposing forces, which often exert their influence on the bitcoin market, the long-term average price seems to be on the rise. Note that learning about these factors will not necessarily make the bitcoin price more predictable. However, understanding them can help you to be more comfortable with the price fluctuations and make informed decisions at the right time.

[George Khelashvili]

What major factors affect bitcoin price?

 I think bad news is most affective factor.

[Jcabudx]

I think the major factor that affects bitcoin price is as its demand in the market. Coz if the demand is low the price will also get low so that the consumer will buy a bitcoin coz its price is low.

[Eros1on]

The attitude of governments and BTC's good and bad news have a great impact on the price of BTC. But in the long run the price of BTC should continue to rise,

[WatchMaker]

I am a total newbie to this forum and don't know very much about crypto currencies.
What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?

I think the major factors that are affecting bitcoin and any other cryptocurrency is demand and supply. the demand for a certain coin will determine its true value. The second thing is market speculation and FUD, FUD plays a significant role in pumping or dumping a coin in the market.

[Amilhussin24]

Yes I believed it is supply and demand are the major factors affecting bitcoin and other Cryprocurrency price. It is the basic fundamental economics. Once the population of bitcoin will decreased, automatically the demand will be affected and will got decreased. As what we observed if you noticed it, when China did banned Bitcoin, the priced of bitcoin is being changed rapidly. That's how it goes. It just say's clearly that major factors affecting the price of Cryptocurrency  is supply and demand.

[yj300316]

the major factor that affect bitcoin price is the issue about regulations in crypto.
If there are some bad regulations applied to bitcoin, many peoples may afraid and sell their bitcoin.

[dexterbit]

Factors that affects of bitcoin price.The price of a bitcoin is determined by supply and demand.When demand for bitcoins increases,the price increases,and when the demand falls,the price falls.the most affecting factor is the number of people using it.The higher the demand grows the higher will be the price.

[janelleshepard]

Factors that affects of bitcoin price.The price of a bitcoin is determined by supply and demand.When demand for bitcoins increases,the price increases,and when the demand falls,the price falls.the most affecting factor is the number of people using it.The higher the demand grows the higher will be the price.

that's right man. The price of bitcoin is not based on any platform of technological development and it is always affected by the supply and demand of the market. The sharks have taken advantage of this to make FUD and FOMO to fool the minds of small traders for redeeming. So be careful and check carefully with any news that is widely available. That will help you get a good decision.

[hitrawal91]

I am a total newbie to this forum and don't know very much about crypto currencies.

What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?

There are many factors affecting the bitcoin price and they are like Supply and demand, Events and announcements against the bitcoin and other altcoins, difficulty in the mining and government plans and decision against the Mining and their farms. Yes, all these really plays a major role in the bitcoin price and i think we can really gauge the trend and price action of the bitcoin if we stay alert with all these factors. Don't worry mate if you are newbie we are here to help everyone, just post your query and we all will try to solve it.

[SnepBack]

Cпpoca и пpeдлoжeния являeтcя oдним из фaктopoв, нo вoт биткoин нe пoxoж нa дpyгиe вaлюты, oн нe peгyлиpyeтcя, тaк чтo cпpoc и пpeдлoжeниe нe влияeт, чтo мнoгo. Кpyпный тopгoвый являeтcя oдним из ocнoвныx фaктopoв, кoтopый oпpeдeляeт цeнy биткoйнa.

[Vinodam]

Bitcoin which is the foremost cryptocurrency has some influencing factors for it's exponential increase and downs. some of these factors are Technological integration, Market Manipulations, Mainstream Market acceptance, Government regualtions and media influence among others

[jeanpadel14]

Bitcoin price is determined by supply and demand. Supply is well defined and well controlled. New coins only enter the system through mining. Mining generates new coins as an incentive for proof of work. This process generates new coins at a fixed rate. The number of bitcoins in circulation at any time is calculable. (One factor that should not be forgotten is the amount of bitcoin that are being kept in reserves. In velocity of money calculations these are considered out of circulation)

[yana0901]

In order to translate these ideas into reality, when writing the program code of the system, the conditions for the extraction of new coins and the limit of 21 million Bitcoins were included in it.

[john20171225]

Altcoins follow me have the potential to grow and develop as bitcoin then have marinecoin. Marinecoin or MTC. Marinecoin has had a blockchain since 2013 but due to some problems, the Marinecoin miners, so the Marinecoin dev has stopped and changed the core of Marinecoin. Did you know that Marinecoin was once in the top 1 of the coinmarketcap !? It has surpassed all his "BITCOIN". Then I can say that Marinecoin is an altcoin that has the potential to grow and develop like bitcoin !? Now Marinecoin has awakened. MTC are ico free 20,000 MTC per day if you help them advertise and the most important thing is absolutely unlimited. You can get 20,000 MTC coin every day until the end of the coin they ico. Marinecoin is a machine to machine. MTC is a coin with artificial intelligence And MTC is coin rather than Token. And it was an altcoin that had blockchain. Marinecoin can find out more information about them at http: // marineco @ in. (Please replace @ as dot) You can join the marinecoin community here: https://discordapp.com/invite/zpQyDu6 Marinecoin has dev-less. Marinecoin zero fees. Marinecoin has an artificial intelligence MTC is environmentally friendly iot.

[KrisAlex18]

I am a total newbie to this forum and don't know very much about crypto currencies.

What are major factors affecting bitcoin (or any other crypto currency) price? Is this mostly supply and demand, do other factors (difficulty of mining, hash rate, etc) play significant role in bitcoins price?

I think the investors demand on bitcoin is one of the main thing that affects bitcoin's price. We all know that bitcoin's value follows the law of supply and demand so we should expect it would go down if the demand is decreasing. This is one thing we should observe before selling or buying bitcoin, carefully observe the volatility to avoid further disappointments or regrets.

[Virman01]

buyer and seller is one of the main factors of rising or falling bitcoin prices, the more demand or buyers, the greater the bitcoin price, and vice versa.
#CMIIW

[Hitesh Ohri]

mainly the market forces has the major affect on the price of bitcoin.... the amount of quantity demanded and the amount of quantity available will affect its price

[rexona]

The main factor affecting bitcoin prices, depending on supply and demand, if more demand will make, bitcoin prices are higher, but if more and more offers, it will definitely make the bitcoin price even more plummeted.

[JCO05]

The market demand I thjnk has the biggest influence on the market value of bitcoin. Whenever the market demand is increasjng same thing happens with the market price of Bitcoin and I do think of the same thing whenever the market demand is falling. The demand on the other hand is affected by issues such as countries who are banning cryptoexchanges.